February 23, 2023
The Department of Housing and Urban Development (HUD) announced a 30-basis point reduction to annual mortgage insurance premiums charged to home buyers who get an FHA-insured mortgage. The average FHA borrower purchasing a single-family home with a $265,000 mortgage will save approximately $800 in 2023 as a result of the reduction. For a borrower with […]
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June 24, 2021
If student loan debt has kept you from getting an FHA mortgage in the past, we have some good news. The Department of Housing and Urban Development (HUD) recently announced that the Federal Housing Authority (FHA) has relaxed the rules on how it assesses student loan debt, making FHA home loans much more favorable to […]
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